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hodyreva [135]
3 years ago
5

Colombia has an absolute advantage in producing coffee relative to the United States.

Business
1 answer:
Diano4ka-milaya [45]3 years ago
6 0

Answer:

The correct answer is letter "C": Colombia has a comparative advantage in producing coffee relative to the United States.

Explanation:

A comparative Advantage is a person, company, or country's ability to produce a good or service at a lower cost of production than its competitors. Possessing a comparative advantage does not mean that one entity is absolutely better at producing a good or service than another.

Thus, <em>Colombia has a comparative advantage in producing coffee relative to the United State because its lands and weather allows the growing of coffee crops better than in the U.S.</em>

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